A Quote by Martin Wolf

Those who condemn the immorality of liberal capitalism do so in comparison with a society of saints that has never existed—and never will — © Martin Wolf
Those who condemn the immorality of liberal capitalism do so in comparison with a society of saints that has never existed—and never will
I don't think the western world is questioning capitalism. Capitalism as a concept is not something that society has written off. But today, there is degree of caution around capitalism. We believe in compassionate capitalism. Growth for growth's sake can never be an end in itself.
If we divide into two camps--even into violent and the nonviolent--and stand in one camp while attacking the other, the world will never have peace. We will always blame and condemn those we feel are responsible for wars and social injustice, without recognizing the degree of violence within ourselves. We must work on ourselves and also with those we condemn if we want to have a real impact.
Bear in mind that capitalism is a tiny period of human society. You never really had capitalism, you always had one or another variant of state capitalism.
Capitalism will never fall on its own. It will have to be pushed. The accumulation of capital will never cease. It will have to be stopped. The capitalist class will never willingly surrender its power. It will have to be dispossessed.
Of all the animosities which have existed among mankind, those which are caused by a difference of sentiments in religion appear to be the most inveterate and distressing, and ought to be deprecated. I was in hopes that the enlightened and liberal policy, which has marked the present age, would at least have reconciled Christians of every denomination so far that we should never again see the religious disputes carried to such a pitch as to endanger the peace of society.
Capitalism, in contrast, has existed for fewer than 300 years. If the entire history of Homo sapiens was a 24-hour day, then capitalism has existed for two minutes.
To us it seems incredible that the Greek philosophers should have scanned so deeply into right and wrong and yet never noticed the immorality of slavery. Perhaps 3000 years from now it will seem equally incredible that we do not notice the immorality of our own oppression of animals.
One of the paradoxes of liberal societies arises from the commitment to tolerance. A society committed to respecting the viewpoints and customs of diverse people within a pluralistic society inevitably encounters this challenge: will you tolerate those who themselves do not agree to respect the viewpoints or customs of others? Paradoxically, the liberal commitment to tolerance requires, at some point, intolerance for those who would reject that very commitment.
Show me what society that ever existed that did not use the tools that they had available. Ask any person from East Germany... you will never hear somebody say, 'The Stasi never bothered me because I didn't have anything to hide.' That's not a thing that people say.
Israel will never get true security and safety through oppressing another people. A true peace can ultimately be built only on justice. We condemn the violence of suicide bombers, and we condemn the corruption of young minds taught hatred; but we also condemn the violence of military incursions in the occupied lands, and the inhumanity that won't let ambulances reach the injured.
To condemn free-market capitalism because of anything going on today makes no sense. There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political parties. One may condemn the fraud and the current system, but it must be called by its proper names ? Keynesian inflationism, interventionism, and corporatism.
Despite the miracles of capitalism, it doesn't do well in popularity polls. One of the reasons is that capitalism is always evaluated against the non-existent, non-realizable utopias of socialism or communism. Any earthly system, when compared to a Utopia, will pale in comparison. But for the ordinary person, capitalism, with all of its warts, is superior to any system yet devised to deal with our everyday needs and desires.
Those who see Smith as a defender of capitalism - as it existed in Marx's day, or as it exists today - show above all that they are not living in the real world. They are behaving as though the undeveloped form of capitalism Smith studied is still with us.
I was never a liberal. I was radical. I was cynical. I was negative. But, I was never a liberal. I always saw that as too lukewarm for me.
I don't defend the idea of universal love. It has never existed and will never exist.
In the strict sense of the term, a true democracy has never existed, and never will exist.
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